[Chart courtesy of MarketWatch.com] Moving the markets Bobbing and weaving best describes today’s session with the major indexes being stuck in a sideways pattern after rebounding from an early dip. The latest news from the US-China trade debacle points to some progress in that trade negotiators are “laying the groundwork for a delay” of the new 15% import tariffs scheduled …
Taking A Breather
[Chart courtesy of MarketWatch.com] Moving the markets Despite several attempts, the bulls were not able to sustain Friday’s upward momentum, and the major indexes pulled back to close moderately in the red, but the dive into the close could be cause for concern. Trade negotiations were in focus again ahead of the looming deadline on US-China tariffs, along with …
ETFs On The Cutline – Updated Through 12/06/2019
ETFs On The Cutline – Updated Through 12/06/2019 Below, please find the latest High-Volume ETF Cutline report, which shows how far above or below their respective long-term trend lines (39-week SMA) my currently tracked ETFs are positioned. This report covers the HV ETF Master List from Thursday’s StatSheet and includes 322 High Volume ETFs, defined as those with an average …
ETF Tracker Newsletter For December 6, 2019
ETF Tracker StatSheet You can view the latest version here. JOBS REPORT POWERS MARKETS—THE WEEK ENDS UP UNCHANGED [Chart courtesy of MarketWatch.com] Moving the markets The headline jobs report did not disappoint and showed that 266k new jobs were created vs. 180k expected, while the unemployment rate dipped to 3.5%. As I keep mentioning, it’s only the headline number …
Weekly StatSheet For The ETF Tracker Newsletter – Updated Through 12/05/2019
ETF Data updated through Thursday, December 5, 2019 Methodology/Use of this StatSheet: 1. From the universe of over 1,800 ETFs, I have selected only those with a trading volume of over $5 million per day (HV ETFs), so that liquidity and a small bid/ask spread are assured. 2. Trend Tracking Indexes (TTIs) Buy or Sell decisions for Domestic and International …
Shrugging Off Trade Dispute Concerns
[Chart courtesy of MarketWatch.com] Moving the markets An early morning pop gave way to a drop, which gave way to a slow but steady recovery with the major indexes managing to reclaim their respective unchanged lines by a small margin. What caused the comeback? Nothing noteworthy, other than a China trade spokesperson uttering the words that computer algos thrive on, …